VS
iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XCBG focuses its top 3 sector exposures on Banks, Communication services, and Power, while HBNK leans towards Financials. When evaluating costs, XCBG features a management fee (MER) of 0.15%, compared to 0.09% for HBNK. Performance-wise, XCBG has returned 0.35% year-to-date with -$19 M in net flows, whereas HBNK is at 8.07% with -$246 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XCBG
HBNK
| AuM | $78.95 M | $852.34 M |
| Management Fees | 0.15% | 0.09% |
| Exp. ratio | 0.17% | 0.10% |
| Tracking Difference | -0.12% | -0.37% |
Historical performance and flows
As of April 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCBG | -0.24% | +0.05% | +0.35% | +4.15% | +16.83% |
HBNK | +5.46% | +6.49% | +8.07% | +66.90% | - | |
| Flows | XCBG | -$24 M | -$19 M | -$19 M | +$8 M | +$56 M |
HBNK | -$32 M | -$211 M | -$246 M | -$508 M | - |
XCBG vs HBNK exposure
Countries
XCBG
Canada
89.68%
USA
8.55%
HBNK
Canada
99.69%
Sectors
XCBG
Banks
36.81%
Other
19.38%
Communication services
15.76%
Power
7.54%
Other
20.51%
HBNK
Financials
99.69%
As of April 9, 2026
Top 10 Holdings
XCBG
CA06418Y4L93
1.16%
CA13607QQT27
1.16%
Bank of Nova Scotia, 2.95% 8mar2027, CAD
1.08%
CA89116C7J09
1.06%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.98%
CA779926WF74
0.97%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.92%
Bank of Nova Scotia, 4.68% 1feb2029, CAD
0.90%
CA89116C3S44
0.90%
Bank of Montreal, 3.19% 1mar2028, CAD
0.90%
HBNK
NATIONAL BANK OF CANADA
17.58%
CDN IMPERIAL BK
17.35%
TORONTO DOMINION
17.25%
BNS
16.27%
ROYAL BK CANADA
15.76%
BANK OF MONTREAL
15.48%
Diversification
XCBG
Total weight of top 10 holdings out of 356 total
10.03%
HBNK
Total weight of top 10 holdings out of 6 total
99.69%
Characteristics
Compare
XCBG
HBNK
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.91% | 3.04% |
| Meets ESG criteria | Yes | No |
| Inception Date | August 6, 2021 | July 5, 2023 |
Frequently asked questions about XCBG and HBNK
Which ETF has performed better year to date: XCBG or HBNK?
As of April 9, 2026, XCBG has returned 0.35% year to date, while HBNK has returned 8.07%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XCBG or HBNK?
As of April 9, 2026, XCBG manages $78.95 M in assets, while HBNK manages $852.34 M. HBNK is the larger fund by AUM.
How are XCBG and HBNK managed?
XCBG is passively managed by iShares. It tracks the Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do XCBG and HBNK emphasize?
XCBG is most exposed to Banks, Communication services, and Power. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: XCBG or HBNK?
Year to date, XCBG has seen -$18.63 M in net flows, compared with -$245.54 M for HBNK. XCBG has attracted more net investor money so far.
How do the fees of XCBG and HBNK compare?
XCBG has an expense ratio of 0.17%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of XCBG and HBNK?
XCBG's largest holdings include Bank of Nova Scotia, 2.95% 8mar2027, CAD and Toronto-Dominion Bank, 4.21% 1jun2027, CAD. HBNK's top holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION.
Which ETF is more diversified: XCBG or HBNK?
XCBG holds 302 securities, while HBNK holds 6. On holdings count, XCBG is the more diversified portfolio.
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